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Rosatom Renewable Energy, the wind power division of Russia’s State Atomic Energy Corporation Rosatom, has signed an investment agreement with Kyrgyzstan’s Cabinet of Ministers to construct and operate a 100 MW wind farm in Kok-Moinok village, located in the Issyk-Kul region The agreement was formalized by Taalaibek Ibraev, Kyrgyzstan’s Minister …

Mitsui O.S.K. Lines, Ltd has entered into a long-term time charter contract of six QC-MAX, 271 000 m3 LNG carriers with QatarEnergy. The vessels will be built at Hudong-Zhonghua Shipbuilding (Group) Co., Ltd in China, for delivery between 2028 – 2031, and be jointly owned with COSCO SHIPPING LNG Investment …

The price of batteries could surge, with some component prices doubling, if the U.S. imposes an additional hefty tariff on U.S. imports of graphite from China that the American battery material makers seek, industry analysts say. Energy storage and EV batteries could see costs in the U.S. more than double …

Oil prices rose more than 1% on Tuesday, reversing the prior session’s losses on a brightening short-term outlook tied to the prospect of slightly tightening supplies as trade thinned ahead of the Christmas and Hanukkah holidays. Brent crude futures settled at $73.58, rising 95 cents, or 1.3%. U.S. West Texas …

Liquefied natural gas (LNG) immediately became the world’s key emergency energy supply when Russia invaded Ukraine on 24 February 2022. Unlike oil or gas transported through pipelines, LNG does not require vast expense and years of building a complex infrastructure before it is ready to transport. On the contrary, it …

Green hydrogen will struggle to compete at price level with gray hydrogen made from natural gas at least until 2050—much longer than previously anticipated, according to new estimates by research firm BloombergNEF. BNEF’s new report on hydrogen prices finds that green hydrogen, the one produced via electrolysis using renewable energy, …

European countries need to work out ways to lower taxes on electricity to revive the competiveness of Europe’s energy-intensive industries, Leonhard Birnbaum, president of electricity lobby Eurelectric, told Reuters in an interview published on Monday. Power prices in the EU are up to three times higher than in the United …

President-elect Donald Trump has threatened to take over control of the Panama Canal unless the Panamanian authorities stop charging excessive rate for the use of the chokepoint. “Has anyone ever heard of the Panama Canal?” Trump said at a conservative event in Arizona, as quoted by Reuters. “Because we’re being …

Producers in the Permian basin, America’s top oil producing region, have made a lot of progress in reducing methane emissions, a recent report suggests, but the incoming Trump Administration could undo some of that progress, environmentalists warn. The Biden Administration has enacted rules on reducing emissions from oil and gas …

Iraq has suspended crude oil deliveries to Syria, a member of the Iraqi parliament said on social media as quoted by BNE Intellinews. The statement coincided with one by Iraq’s foreign minister, who expressed concern about the security situation in the country that was taken over Islamist groups. “Iraq has …